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Discussion in 'Political Action Forum' started by The Other David, Dec 4, 2018.
I must stop looking, yet I cannot stop myself!
It's like looking at a train wreck. I know I shouldn't stare, but...
All adrop means isthat it'stime tojump in.
My damn keyboard isbroken.
And yet no pullback in TSLA...
So do you think it is because the head way being made won't get through Congress??? Heard a Dem Rep on the radio state that he probably wouldn't vote for it because it wasn't "enough." When asked what needed to be done with NFTA to get his vote he could only reply more...........
I believe it has more to do w/ the financial sector slowing down and as JJ Kinahan of TD Ameritrade said on CNN: “This tariff situation still looms large over the market,"
If I understand correctly, approving NAFTA changes by the end of the year is in doubt, the tariff agreement with China is a 90 day moratorium and nobody thinks anything will change in China in the next 90 days so the agreement is a paper tiger, The debt looms large and the FOMC is now neutral, the international economy isn't exactly thriving, Mueller is still out there, Congress is split so we're in a holding pattern for the next two years (no action on immigration) etc., etc.,
Anyone aware of any improving economic forecasts?
However, I have confidence in our economy and am sure it will come back. I have been through at least a half a dozen of these.
The bond yield curve is not helping.
The whole America first thing, we win, you lose thing just doesn’t work. What happens when China’s economy tanks? Mexico’s? EU’s? What happens to the USD? Who is going to buy our goods? When it does tank, what happens to our record setting deficits? Tariff Man to the rescue?
Isn't that more of a symptom than a cause? It does indicate there is concern that this isn't a short term correction.